The common practice to control a property is to find it, buy it, fix it and rent it out and the main problem I see in this tried and true methodology is the buy it and fix it part. The buy it and fix it part requires both cash and credit to get the job done and many aspiring real estate #investors are lacking in both areas. Now you can always head on down to the #bank, private #investor or #hard money# lender to get the cash needed but going into debt with these guys is not something that I aspire to. I know that you want to get a hold of that residual income that comes from rental properties but the road blocks have a way of wearing you out.

What if you could control a property and generate both rental income and other substantial income without ever owning the property. In other words you can control the property without the buy it and fix it part and still generate income from it without ever having to worry about cash or credit.

This is what's known as control without ownership and the best form of control without ownership is called a sandwich #lease#option In this form of #lease#option you will never have to go into debt, use your credit or fix anything. #lease#options allow you to work with pretty houses in nice areas and control them without owning them.

A sandwich #lease#option allows you the get three paydays out of the same house and realize pretty much the same thing as if you owned it without the own it part. Once you have the property under a #lease#option#agreement with the seller you can then sub#lease the property to a tenant/buyer and the three paydays now come into play.

The first payday comes in the form of what is called the #option consideration which you will collect from the tenant/buyer when you sub#lease the property to him. This is usually around 3% to 5% of the sale price of the home. Unlike a security deposit you do not have to place it in an escrow account and return it with interest to the tenant/buyer should he not exercise the #option and move from the property. The #option consideration goes right into your pocket and is nonrefundable.

The second payday comes from the monthly rent spread which is the difference between what you collect from your tenant/buyer and what you pay the owner of the property. This too goes directly into your pocket.

The third pay day comes from what is known as the backend meaning it's the money that is still in the deal that you didn't take up front from the tenant/buyer. This cash comes to you when the property settles down the road. The beautiful part of this whole scenario is that all this cash from all three paydays came from a property you never owned so cash or credit never comes into play.

This is a niche that all real estate #investors should have in their tool box but many #investors pass it by because they think it's hard or theirs no market for it. Nothing could be further from the truth. There is a huge market for #lease#options and if you know what your doing a #lease#option is a simple matter.

If you want to add this fantastic niche to your existing tool kit or you're just starting out in the business I can help. I've been working with #lease#options for 20 years now and I've put together a revolutionary new program called The Earn While You #learn#lease#option#mentoring Program that takes the sticker shock out of real estate #mentoring programs because there is no up front #mentoring fee. Instead we will agree to joint venture 5 #deals together and I literally walk you through them from beginning to end and we split the #profits 50/50. If I can't get you making money I don't get my fee. It's called win-win! The only out of pocket expense is for the manual you'll need to work with me and that's only $97.00, less than a night out on the town.

So if you want more information or want to get started right now while I'm still taking on new students check out my site at www.#realestate#mentoringusa.com or you can email me at Show email or even call me at 484-297-2152.

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